FY23-24 Regional Economic Modeling (REMI) Subscription with Sole Source Conditions

This state and local contract opportunity is a small purchase with sole source conditions for a Regional Economic Modeling (REMI) subscription for the Illinois Department of Revenue. The one-year Basic Ordering Agreement (BOA) will provide the department with licenses for REMI's Tax PI Maintenance Service covering one region with 70 sectors, as well as REMI PI+ Maintenance Fee for 9 regions and 160 sectors. The REMI software and services are to be used for tax policy analysis and maintenance. The BOA will be in effect from December 1, 2022 to November 30, 2023, and was procured through a small purchase method. The pricing details include a one-time charge and a periodic charge for the licenses, but the total BOA amount is not provided. Vendors must submit their responses electronically through the state's BidBuy procurement portal by November 9, 2022.

The contract opportunity does not indicate any set-asides or subcontractor requirements. The funding source is state funds for the 2023 fiscal year. Vendors must comply with various standard certifications and terms and conditions, including provisions related to civil rights, employment eligibility, business registration, labor laws, environmental regulations, and political contributions. The state may terminate the contract for cause or convenience, and the contract is contingent on fund availability. No incumbent vendor or current contractor information is provided, and the contract value is not specified.